Originally posted by Tom Cullen:The growing consenus is that the Obama admin took too long to recognize the scale of the environmental impact the oil rig explosion posed.

Hiding information about your B-C deal when it would impact the lender's decision has always been frowned upon,and not just by Freddie Mac.

You want to ask "what is the impact if me and my paycheck are gone".

If you believe in the product and think it will have a positive impact on those who purchase it (which I know you do), then all the more reason to market the crap out of it

Interest is really paid by the tenant and it's expensed by you....yes it could increase your income, but what is that after taxes and few consider the economic impact of lost opportunities of not having cash available, so at some point there is a optimal point of your return, it's not just a financial return but look on an after tax basis with an economic valuation.

The bottom line is that it is very expensive and well worth the cost.Having said that I saw an enormous amount of waste and over engineering.

Bill,If they do away with the 30 year mortgage, what impact would it have on REI?

Consider the impact on their future financial abilities, not their family status.Course, if "he is moving in with a younger woman while still having his wife as joint owner on his bank accounts."

You can use it for a home which is the lowest impact of all zoning classifications and later on you might want to convert the usuage to commercial.

Regarding this specific situation, however, my response is geared toward the current economic climate in the US and its impact on the national RE markets.